Contour is a wrap fee program, meaning a single fee covers advisory services and transactions. The total fee includes a program fee, an advisory fee, and potentially a manager fee (for FSP, SMA, and UMA programs). The advisory fee is negotiable with your IAR, but cannot exceed 2.25% in APM or 2.00% in FSP, SMA, and UMA (1% for annuity subaccount management in APM). The program fee is non-negotiable. Manager fees range from 0.00% to 0.75%. Fees are billed monthly based on the average daily balance. "Householding" multiple accounts can help qualify for lower fees. There may be IRA annual maintenance fees, custodial fees, and other ancillary charges.